Posts Tagged ‘after university’

Money v.s Life Experience

August 17th, 2010

Minimum wage

Internships: they’re becoming the trendy next-step for graduates, and are a proven success in getting young people onto the career ladder.  But as Julia Margo pointed out in her Sunday Times article, there’s one sure-fire way to ruin them, and it all comes down to money.

In terms of internships, it’s impossible to escape the wage debate – it is dominating all media interest on internships, diverting all attention away from the benefits of these invaluable work experiences.  People are forgetting why internships are there in the first place, what the actual concept means.  It is not a graduate job, nor is it a minimum-wage, bottom-of-the-company-tea-maker position.  It is an experience, a taster of what working-life is really like, an insight into a company.  Internships are not designed for graduates to make a quick buck and then move on to something else.  Their value lies within the experience they provide, which is what many school-leavers and graduates need before they plunge themselves head-first into a job about which they know very little.

The suggestion that all companies pay their interns the National Minimum Wage would entirely undermine the concept of what they stand for – work experience.  Clearly in some cases it is appropriate that the intern receives some level of remuneration.  However, if all internships paid the same amount as entry-level jobs, then why would a company hire an inexperienced intern over an experienced worker?  The intern may be talented and contribute to the company, but then again he or she may be totally unsuited to the role.  Why take the risk when there are plenty of capable potential employees waiting to be given the thumbs up for an entry level job?  Moreover, if internships cost more, then companies and businesses, who already invest a lot of staff time into running these placement programmes, simply won’t be willing to shell out huge amounts of money to run them.  Internships will be harder to come by, and young people will be in an even tougher position when they are looking to enter the job market.

The perception of internships needs to revert back to what it used to be – people should focus on the reasons for why internships occurred in the first place: for the experience, not the pay packet.

Internships – a ‘first stage of recruitment’

August 9th, 2010

I got a new job

If the term ‘internship’ makes you think of tea-making and picking up the boss’s dry cleaning then think again – internships are now being hailed by the BBC as almost a ‘guaranteed rite of passage’ in the ever-competitive job market.

2009 saw record numbers of university leavers and new figures show more than 660,000 people have applied for a university place for the next academic year.  This staggering amount is up by 12 per cent from last year, once again breaking the record for the number of university applicants.  With these figures on the rise, the coalition government have made an extra 10,000 university places to support the hefty amount of applications, meaning more students than ever will be graduating with degrees in the coming years.  It is becoming even harder for employers to recruit graduates when they simply cannot distinguish who is more qualified for the job – how does one chose between the graduate with the 2:1 History degree from Durham or the 2:1 English Literature graduate from Bristol?

The answer, I hear you cry, is internships.  These are becoming the latest box that graduates need to tick in order for them to increase their employability and stand out from the other hundreds of applicants after the same job.  According to the Higher Education Statistics Agency, 21.7% of graduates in full employment within six months of graduating were taken on by employees who had previously provided them with some form of work experience.  It would appear that employers are less willing to gamble on a new recruit who may look fantastic on paper, instead choosing to take on someone who has already experienced working at the company and who therefore has a “basic grasp of workplace dynamics”, according to a BBC article.  In other words, the internship has become an ‘extended interview’ whereby the intern has a chance to showcase their abilities and see if they fit into the company lifestyle.

One could even go as far as saying personalities are coming back into fashion as far as job placements go – seemingly, it’s no longer just about the prestigious university and impressive degree result; employers are interested in who they are recruiting rather than trusting the CV alone.

So where does this leave graduates? With competition for entry-level jobs as tough as it has ever been there is no room to rest on your laurels. A good degree is not enough to take you onto the career ladder: experience, contacts and demonstrable skills are your key to a first job. An internship will give you all three. So the message is clear: don’t get left behind – call us, email us, tweet us, facebook us, send us a pigeon or do anything to get in touch so that you can do an internship and realise your potential.

Graduate Tax – Friend or Foe?

July 19th, 2010

tax-bill-stock-photo

As a graduate or current student, the words ‘tuition fees’ and ‘student debt’ may make you shudder at the mere thought of them.  You might want to add ‘graduate tax’ to this list, as the Government has revealed plans to totally scrap the tuition fee system.

Vince Cable, the new Business Secretary under the Coalition Government, gave his first speech on Thursday outlining the proposal to introduce a graduate tax to replace tuition fees.  According to Cable it would be a fairer system, whereby graduates are taxed according to their earnings, higher earners taxed considerable more than those with lower salaries.  “The problem”, he said, with the current tuition-fee system, is that “it is a fixed sum – a poll tax – regardless of the income of the graduate. It surely can’t be right that a teacher or care worker or research scientist is expected to pay the same graduate contribution as a top commercial lawyer or surgeon or City analyst whose graduate premium is so much bigger.”

The proposal comes as part of an independent review, led by Lord Browne, which is assessing how universities are to be funded in the future, with the report being published in the Autumn.  There are a number of keys issues that are going to be reviewed alongside the new proposal, including the impact it will have on student debt and how to encourage more students from disadvantaged backgrounds to get into higher education.

NUS (National Union of Students) President, Aaron Porter, commented after Cable’s proposal, stating his opinion that “the fair solution is to abolish tuition fees and ensure that graduate contributions are based on actual earnings in the real world, rather than sticker prices in prospectuses, which are based on guesswork”.

So does this mean that tuition fees, as well as a hefty student debt, will soon be a distant memory?  Cable recognised this as a major problem with our current university system – that students now expect to come out of university with huge amounts of money owed to the Government.  “Most of us”, he said, “don’t think of our future tax obligations as ‘debt’”.  However, the new tax could mean the top 20 per cent of earners will be paying the equivalent of £16,000-a-year tuition fees, according to The Russel Group which represents twenty elite universities.  Perhaps a graduate tax is the way forward – what do you think?  Is it a fairer system or an excuse to wring out more money from graduates?  Tell us your thoughts.

Internships ‘An Industrial Finishing School for the Middle Classes’? I’m Not Convinced.

July 13th, 2010

Anyone who follows the news cannot have failed to notice the current debate about the value and legitimacy of internships. Obviously this is a subject we at Inspiring Interns feel quite strongly about, and felt it was time to chip in with our thoughts on the subject. One of the main concerns we are seeing is that many young people are unable to afford to carry out an internship. Unfortunately, there are actually funding options to help such individuals, but these tend to be poorly advertised. We at Inspiring Interns are able to advise you on the available options so feel free to get in touch with any questions. I asked Royal Holloway lecturer Nigel Saul to give an opinion on the matter, having spent years guiding students into careers upon graduating. Nigel tells me that he believes, ‘As completion for graduate-level jobs increases, so it becomes all the more important for applicants to show that they’ve got some experience of the workplace. These days, the process of gaining such experience begins at school, when pupils do a week’s work experience in a setting of their choice. The idea of internships builds on that and helps to bridge the gap between the process of thinking and studying at university and the business of working on graduation. Internships help both the graduating student and the employer. They help the employer by proving them with better trained, more experienced and mature graduate applicants. They help the graduate by providing them with experience – and perhaps to assist in helping them decide which career path to ultimately pursue.’ This is just the opinion of one individual; however we are finding that across the board, the happy endings earned through internships are far outnumbering the horror-stories the media often pounces upon in order to generate a social panic! This is just our belief however, please feel free to comment with your own experiences on internships, good and bad so that we can continue to tailor the services we offer to best suit our clients.

Where are all the graduates???

July 12th, 2010

tumbleweed desert road

Last week the new Inspiring Interns marketing team enjoyed a jolly to the Marketing Week Live exhibition at Olympia in order to spread the Inspiration. Though initially a little apprehensive, the lovely Natalie Parnell and myself were amazed at just how many exhibitors were excited to talk to us and discuss interns and graduates more generally. We are proud to announce that Inspiring Interns received a warm reception, and is now linked with a number of exciting new corporations to which we cannot wait to send our ambassadors. What stunned us even more however was how few young people were there networking. Marketing, like many other popular career paths, is an industry where entry-level positions are fairly few and competition is fierce. Networking is a fantastic way to get your name out there and meet the right people – my flatmate Lina for example got her place on a grad scheme for a great agency after getting talking to an employer she met at a marketing event. She is now living the dream hobnobbing with high-profile clients. Further to this, and possibly most importantly, Natalie and I had brought large bags and played ‘Supermarket Sweep’ with the freebies on tables – I got two boxes of couture chocolates and a mug in my haul! Natalie picked up enough pens to get her through her final year at uni!

So many graduates underestimate the importance of making themselves stand out from the crowd during an interview. Even if you don’t get a job simply by attending events, you will certainly learn things worth discussing in interviews and prove your genuine interest in your chosen career path. It is easy to find relevant networking events online, they are often free to attend and well worth your attention. While we always recommend internships to gain valuable work experience, it is important to consistently do what you can in every aspect of your life to present yourself as not only an Inspiring Intern, but someone who has brilliant potential to become a valuable addition to any work-force. Cheesy? Yes. Clichéd? Yes, but it’s true.

School’s Out For Summer…But What About Autumn? Life Post-Internship

July 8th, 2010

Cute Crochet Bee

Christopher Pfoster, Bee Fancier, Eccentric, Academic – ‘I took an MA because I wanted to be the talk of the town and the envy of the county. I keep bees for a similar reason.’

Now that many of you are getting stuck in to your summer internships (if you aren’t, you still have plenty of time so don’t despair!), you are starting to ask, ‘what next?’ Graduates are increasingly considering post grad degrees, so we are continually being asked about their value. An MA student myself, I have pounced on the unsuspecting to ask their thoughts, whether from the point of view of a graduate or employer. Savills Director, Roger Hepher responded he ‘would generally view a candidate with a Master’s degree more favourably… [Typically] the longer they have been in formal education, the intellectually stronger the person is likely to be. Furthermore…a Master’s will often have been selected for its relevance to a particular career path, which means the person should have a more directly relevant set of knowledge/skills than otherwise.’Alternatively, recent graduate Lina Pio suggests, ‘It’s something a lot of friends from last year did in an attempt to boost their degree in the eyes of employers in a tough job market…I think if you want to do an MA the best motive is for the love of the subject and academia itself. If your motive is the hope of getting work, the best thing to do is forgo the extra academia and just go out there and do lots and lots of work experience, shadowing and eventually internships – working for free, but you’d be working for free anyway doing an MA with less of a guarantee of a job at the end of it, plus you’ll have more of the skills employers really want. As an ex-colleague of mine at Apple once said to me ‘the last person who told me proudly they got a first from Oxbridge, I replied “I’ll have milk with that and a croissant please, thanks.”’

Obviously there is a huge variety in post grad degrees, and some graduates find that in order to enter their chosen field they need to have done a relevant Masters degree. Helen Prince, Simon Hepher and Kathryn Wood all found themselves in this situation and so have just finished Masters Degrees in Real Estate Investment. Kathryn explains that, ‘I took mine mainly because I had to, to become a qualified surveyor, and be RICS-accredited. If I hadn’t had to I don’t think I would have – more studying wasn’t exactly my ideal choice! I would recommend a masters if it’s in something vocational you really want to do. Otherwise it’s an expensive way to spend a year which doesn’t really get you any further than a good undergrad degree would. I think I’m in a minority, but I don’t really buy the whole argument of just doing it in any random subject as something to do for the year, if you haven’t worked out how it will help you afterwards.’ Helen added that from her experience, ‘I would recommend doing one as it broadens your knowledge and opens more doors to either a change in career or a development if a current career.’

Some of my fellow historians decided to continue along the route which we had enjoyed so much at BA level. Laura Woods tells me she did an MA ‘mainly out of love for the subject and for studying…whether or not I would recommend doing an MA to someone depends on their reason for doing it and circumstances. It’s an expensive and rather avoidant way to delay getting a job/making any serious decisions, and some subjects – management, for example – I think are better learned by experience…if it’s of possible value to your career path, or if you genuinely want to continue studying, then, yes, it’s great.’ James Edwards agreed, ‘I took an MA principally out of passion for the subject…Whether I would recommend an MA would depend on the individual…mine’s been really worthwhile, socially, academically and (hopefully) economically, but I don’t think that a Masters is for everyone – I think circumstances and motivations matter. Though, overall, it would always be a qualified ‘yes’ from me.’ Committed academic Susie Stoddart added that she chose to take an MA, ‘because it develops the powers of independent and original thought, which are important skills whether you are going onto a job or further academic study afterwards.’ It is important to give your options careful consideration however, MA student Heather Mackie warns that a postgraduate degree is very hard work, and should be taken on the spur of the moment!

Many universities are responding to the demand for practical post grad degrees. Last year Royal Holloway debuted its Public History MA – a more vocational alternative to traditional history. Sarah Taylor, Roz Skellorn and Emily LeFeuvre all discussed their experiences with me. Fellow Inspiring Intern, Sarah, ‘took an MA mostly due to the fact that I couldn’t get a job and found the course interesting. I thought it would be a better way to spend the year than waitressing or being unemployed.’ Roz was seeking to ‘develop my skills, as I had a particular idea of the type of job which I hoped to do. My MA helped me to consider a wide range of different job prospects. It also meant that I had another year to think about what I wanted to do in the future, whilst gaining a valuable degree.’ Emily chose her MA because it ‘had more transferrable and practical skills than other MAs. I managed to secure funding and as the job market was looking pretty poor (not that it’s much better now), I thought it was a good plan to get as qualified as I could. I would definitely recommend doing an MA to others because it doesn’t mean that you have to become an academic, but it does show that you’re willing to put in an extra year of work for a subject. I think these days employers look for people who have something extra and doing some further study could be that extra thing.’

Even applying for your undergrad degree can be an incredibly bewildering experience for many sixth formers. Those looking into science related degrees are noticing an increasing level of four year university degrees, and are debating the benefit of this over the more traditional Bachelors degree. Hannah Fosbraey controversially announces:  ‘MA’s are for chumps. My MPhys is different because it was a 4 year undergraduate degree. I took it because you need better A-levels…so I thought it would be a better qualification and would make me look better to potential employers. I also wanted to stay at university a bit longer because I enjoy learning and had no idea what I wanted to do after. I would recommend doing it for those exact reasons. It’s also good because the fee for each year is kept at undergrad levels and covered by the student loan, where I know some masters can be more expensive. It depends what you want to do; a physics degree puts you in a decent position for non-research jobs whether it’s a BSc or MPhys, so it can be a bit unnecessary. Still good for keeping your options open though!’

There are increasing options for funding further degrees, with many universities offering scholarships. This is making it an increasingly viable option for young graduates. This is often not very well advertised, and for further information it can be a good idea to approach your BA course administrator or careers advisor. For many degrees, History included, there are relatively low levels of seminar hours, meaning that, for many students it is possible to combine the degree with an internship or part-time job – as I have. At Inspiring Interns we arrange placements all year round, and by going down that route you are proving your work ethic at the same time as you show your intellectual worth.

How do I get a job with a 2:2 Degree?

July 6th, 2010

graduate blog

The recent news that “three quarters of employers ‘require 2:1 degree’” has come as a shock to many graduates who have only just received their university degrees, many of which fall below this grade.  With the number of students still on the rise, the latest statistics issued by The Association of Graduate Recruiters reveal that job vacancies have decreased by 7%, a frightening percentage for any graduate on the hunt for a job.

Hearing such statistics can be disheartening, and the current job climate is such that it is even more important to make yourself stand out from the crowd.  Employers are not just looking for candidates with enthusiasm in an interview and a high academic record on paper; they are now turning to work experience and seeing whether potential employees have enough relevant transferable skills.  Yet here lies another conundrum – how does one go about gaining these skills when no company will employ a candidate without them?

This is exactly where internships can help.  By engaging yourself in an internship, you can get one step onto the career ladder and significantly increase your employability.  Not only will you have a taster of work in your chosen field, but you will gain invaluable experience that employers are finding increasingly necessary when deciding who to employ.

If you recently graduated and your degree was not what you wanted or was lower than you expected – don’t panic.  Degrees are of great value but they do not mean everything in terms of employability.  Experience in the working world is becoming crucial to employers, so why not bite the bullet and apply for that internship that you’ve been meaning to – there’s every chance that it will lead to that full-time dream job.

Inspired solution to the global NEET crisis

March 25th, 2010

I am currently completing a placement at graduate internship agency called Inspiring Interns. And it’s a company that lives up to its name.

I have found that an ABB A-levels, a 2:1 from a red brick uni and a MA leaves me close, yet so far from an elusive full-time ‘graduate’ job.  To my frustration even ‘graduate entry level’ jobs require experience of some sort.

Graduates are faced with a catch 22 situation. Without a job, you can’t get any experience, but without experience you can’t get a job. That’s where Inspiring Interns comes in.

They hook you up with a company who will take you on and train you. The company will pay for your travel and lunch expenses, which many scream is exploitation, but I think is the lucky break that most graduates desperately need. And it’s one of the few offers open to them. Moreover, the majority of Inspiring’s internships lead to paid, full-time roles.

After many a day looking for jobs online, I opted to work for free at Inspiring Interns because I wanted to get out of my house, and proactively do something to get a job.

I’m very lucky. I’m not on the dole. Because if I was, I wouldn’t be allowed to take up this opportunity. I’m not working in Mc Whatever to pay the rent, because I live at home. To put it simply, I’m relying on my parents. But it’s the only way I can move my life forwards.

Most people wait for lucky breaks. I went to Inspiring Intens because they bring them to you.

Across the world, millions of graduates, are sitting at home waiting for a break. They are Not in Education, Employment or Training. Having been told my parents, teachers and politicians, throughout my life that an education will get you ahead, many young people are sat at home disillusioned and depressed, or working in a McDead-end job wondering why on earth they tried so hard at getting ahead in the first place. Luckily with Inspiring Interns, I no longer need to be a NEET.

Inspiring Interns – specialising in finding meaningful internships for students and graduates –http://www.inspiringinterns.com

Inspiring Interns welcomes push for fair internships

March 9th, 2010
Graduate Talent Pool - help or hindrance?

Graduate Talent Pool - help or hindrance?

On Sunday evening Donal MacIntyre presented an investigation into unpaid internships in the UK on his Radio 5 Live show. The report highlighted the fact that some companies are using the government website Graduate Talent Pool to advertise unpaid internships that potentially break National Minimum Wage laws.

Inspiring Interns shares the concerns raised on the programme and, further, welcomes any move to draw attention to the exploitation of graduates by businesses using unemployed young people as free labour. As a company we go to great lengths to ensure that our placements offer the kind of professional experience that graduates require in today’s oversaturated job market; moreover we only work with clients interested in developing young talent, not taking advantage of it.

The other main issue that the programme raised was how expenses-only internships are deepening the class divide, with only the wealthy able to undertake longer periods of work experience on low remuneration.

Inspiring Interns agree entirely that internships should be open for all, and back the government’s current schemes to support those who might not otherwise be able to afford internships. We were also delighted to hear David Lammy MP announce on Donal MacIntyre’s show that a new initiative will launch in the summer to offer means-tested support for graduates who undertake placements. Inspiring Interns believe that by offering government financial incentives, graduates will be inspired to test the water by gaining valuable experience in their chosen fields. They also have the opportunity to work in areas which they may not have previously considered. By participating in short term internships in a variety of industries or sectors graduates can make a more informed choice when planning their career path.

Inspiring Interns would also like to express support for businesses offering genuine internships, and urge the government to avoid over-the-top intervention that could damage a very beneficial system. There must be official recognition that in the current economic climate some companies simply cannot afford to pay interns and do not have long term openings. However, by offering a placement they do provide essential experience for graduates and potentially create permanent jobs; either when the market picks up or, more exceptionally, where the intern performs so well that the company perceives there to be a business case with low risk to take the intern on full time.

Banning unpaid internships would do more damage than good, both to young people and to the economy. Therefore the government needs to clarify legislation on internships, and follow the recommendations outlined in Alan Milburn’s report on social mobility. For as Mr. Milburn argues, “Internships are an essential part of the career ladder [and] part and parcel of a modern, flexible economy.”  At Inspiring Interns we aim to provide a valuable service both to graduates entering the job market for the first time and to industry. We provide choice, experience and hopefully long term career paths for our interns, whilst at the same time offering a commercial, low cost low risk business solution for.

Slave labour graduates? Try ambitious young professionals

March 5th, 2010

On the 04/02/2010 the Daily Mail ran an article entitled ‘The slave labour graduates: Cynical firms are forcing thousands of high flyers to work for nothing – or even making them pay for the privilege’. In his report Tom Rawstorne suggested that the ‘cream of a generation’ were being taken for a ride by the system of internships that is becoming increasingly prevalent in our job market.

Inspiring Interns were left rather bemused by the entirely negative picture the Mail painted. Sadly there are companies willing to take advantage of unemployed graduates – with the media sector particularly guilty – but by and large the rise in internships has been a very positive development for both businesses and job seekers.

At Inspiring Interns we rigorously check our clients before we send them candidates to ensure the placement will benefit the graduate and that the company is not using interns as a rolling staff solution.

This means that, having been trading for just over a year, we now have a plethora of grateful graduates who are now in paid employment as a result of having done an Inspiring Interns internship.

Ben Tatton-Brown, CEO of Ring Ring Mobile, has hired eight interns from Inspiring, all of whom have secured permanent positions as a direct result of doing a placement. Tatton-Brown commented: “Inspiring Interns’ service has been invaluable to our company. We have found eight superb staff members that have developed and grown within their roles, and who would not have become part of this company had they not initially completed internships.”

Inspiring Interns are always thrilled to hear when our work has helped candidates gain invaluable experience, particularly when they have gone on to secure full-time positions. We believe it is this mix of developing skills and creating careers that make our company such an attractive proposition to graduates.

Inspiring Interns – specialising in finding meaningful internships for students and graduates –http://www.inspiringinterns.com